Principles and concepts -- Economics, institutions, and development -- Comparative economic development -- Classic theories of economic growth and development -- Contemporary models of development and underdevelopment -- Problems and policies : domestic -- Poverty, inequality, and development --...

For courses on economic development A complete, balanced introduction to the theory, issues, and latest research. Economic Development,Twelfth Edition-the leading textbook in this field-provides students with a complete and balanced introduction to the requisite theory, driving policy issues,...

This paper proposes an overlapping generations multi‐sector model of the labor market for developing countries with three heterogeneities – heterogeneity within self‐employment, heterogeneity in ability, and heterogeneity in age. We revisit an iconic paradox in a class of multi‐sector...